2827-29 S Archer Avenue, ChicagoIL, 60608

Unique commercial property with an income generating opportunity and development potential in a prime Bridgeport location. This B3-2 zoned property is located on a highly visible Archer Ave, near the Orange Line Halsted stop, and I55 & I90/94 expressways. Consisting of 6 total units in fair condition, 1 storefront, 5 residential units, and adjacent vacant land(34X100). 1st fl rear unit and 2nd and 3rd fl front units feature 2BR/1BA, a kitchen, and living & dining room. 2nd and 3rd fl rear units feature 2BR/1BA with a living room and kitchen. Separate forced air heating and central A/C systems for the 1st fl storefront, and 1st fl rear unit. Spacious full unfinished basement is ideal for storefront storage, and tall partial attic has potential for future expansion. Currently there are 3 outdoor parking spaces behind the adjacent lot. Sold "as-is".

Price

Price:$769,000

County:
Cook

Sq ft:7,000 (approx)

#: 10348624

Status: Active

Description

Unique commercial property with an income generating opportunity and development potential in a prime Bridgeport location. This B3-2 zoned property is located on a highly visible Archer Ave, near the Orange Line Halsted stop, and I55 & I90/94 expressways. Consisting of 6 total units in fair condition, 1 storefront, 5 residential units, and adjacent vacant land(34X100). 1st fl rear unit and 2nd and 3rd fl front units feature 2BR/1BA, a kitchen, and living & dining room. 2nd and 3rd fl rear units feature 2BR/1BA with a living room and kitchen. Separate forced air heating and central A/C systems for the 1st fl storefront, and 1st fl rear unit. Spacious full unfinished basement is ideal for storefront storage, and tall partial attic has potential for future expansion. Currently there are 3 outdoor parking spaces behind the adjacent lot. Sold "as-is".

Listing Information

Property Type: Mixed Use, Other

Lot Size:0.14 Acres

Square Feet:7,000 (approx)

Year Built:1890

Township:SOUTH CHIC//

Neighborhood

Room Information

Interior Features

Heating:Forced Air

Guest Facilities:3

Exterior / Lot Features

Parking:3 Parking Spaces,

Pool:None

Lot Dimensions:59X100

Zoning:COMMR

Additional Exterior/Lot Features:City Road

Driving Directions

Halsted south on Archer between Farrell and Keeley.

Financial Considerations

Tax/Property ID:
17294110030000

Tax Amount:$7,180

Listing Price History

Chicago Real Estate

Chicago is located in Illinois.
Chicago, Illinois 60608 has a population of 2,720,546.

The median household income in Chicago, Illinois 60608 is
$47,831.
The median household income for the surrounding county is $54,828
compared to the national median of $53,482.
The median age of people living in Chicago 60608 is
33.4 years.